New York Life Investment Management LLC Grows Stock Position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF $PDBC

New York Life Investment Management LLC lifted its holdings in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) by 67.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,060,625 shares of the exchange traded fund’s stock after purchasing an additional 428,345 shares during the period. New York Life Investment Management LLC owned about 0.32% of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF worth $14,244,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Consultiva Wealth Management CORP. grew its position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 70.1% during the 2nd quarter. Consultiva Wealth Management CORP. now owns 1,880 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 775 shares during the period. HHM Wealth Advisors LLC bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at about $32,000. Atlantic Union Bankshares Corp bought a new stake in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF during the second quarter valued at about $36,000. Cape Investment Advisory Inc. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 56.7% in the second quarter. Cape Investment Advisory Inc. now owns 2,898 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 1,049 shares in the last quarter. Finally, Financial Gravity Companies Inc. bought a new position in shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the second quarter worth about $38,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Trading Up 1.0%

Shares of NASDAQ:PDBC opened at $14.40 on Tuesday. The stock has a 50 day moving average of $13.81 and a 200 day moving average of $13.52. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF has a 12-month low of $12.02 and a 12-month high of $15.27.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.5086 per share. This represents a dividend yield of 383.0%. The ex-dividend date was Monday, December 22nd.

About Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed. PDBC was launched on Nov 7, 2014 and is managed by Invesco.